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Uber, Alphabet's Waymo Partner on Autonomous Ride-Hailing Service in 2 Cities
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Uber, Alphabet's Waymo Partner on Autonomous Ride-Hailing Service in 2 Cities
Sep 13, 2024 12:09 PM

09:28 AM EDT, 09/13/2024 (MT Newswires) -- Uber Technologies ( UBER ) said Friday it was expanding its partnership with Alphabet's (GOOG, GOOGL) Waymo autonomous vehicle unit by making Waymo Driver self-driving vehicles available to people in Atlanta, Georgia, and Austin, Texas, starting early next year.

Under terms of the revised agreement, Uber will manage and dispatch a fleet of Waymo's Jaguar I-PACE self-driving vehicles in each market for riders using either UberX, Uber Green, Uber Comfort or Uber Comfort Electric applications. Uber will also provide vehicle cleaning, repair and other general depot operations.

Waymo will continue to be responsible for the testing and operation of the Waymo Driver, including roadside assistance and certain rider support functions, Uber said.

Uber shares were climbing more than 6% in Friday's pre-market. Alphabet shares were up 0.7% ahead of the opening bell.

Price: 72.51, Change: +4.42, Percent Change: +6.49

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